Videndum (LON:VID) Trading Up 13.3% – Here’s Why

Videndum Plc (LON:VID)’s stock price traded up 13.3% on Wednesday . The stock traded as high as GBX 13.60 and last traded at GBX 13.60. 147,637 shares changed hands during mid-day trading, a decline of 28% from the average session volume of 204,191 shares. The stock had previously closed at GBX 12.

Videndum Stock Up 12.9%

The company has a market cap of £14.04 million, a price-to-earnings ratio of -0.08 and a beta of 1.00. The stock’s 50-day moving average is GBX 30.59 and its 200-day moving average is GBX 53.91. The company has a current ratio of 1.91, a quick ratio of 0.68 and a debt-to-equity ratio of 77.44.

Videndum Company Profile

Videndum (formerly known as The Vitec Group plc) is a leading global provider of premium branded hardware products and software solutions to the growing content creation market.

Videndum’s customers include broadcasters, film studios, production and rental companies, photographers, independent content creators, vloggers, influencers, gamers, professional sounds crews and enterprises. Our product portfolio includes camera supports, video transmission systems and monitors, live streaming solutions, smartphone accessories, robotic camera systems, prompters, LED lighting, mobile power, bags, backgrounds and motion control, audio capture and noise reduction equipment.